Shropshire Star

Wolves stars offered bumper £12m bonus for European qualification

Wolves players have been offered a £12million bonus if they qualify for the Europa League, according to reports.

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Wolves players could be set for quite a bonus if they finish in the top 10 or in the Europa League places this season (AMA/Sam Bagnall)

That is what the Wolves bosses have allegedly offered Nuno Espirito Santo’s for a top seven finish.

They have also reportedly agreed the squad will share a £10m bonus if they finish 10th in the Premier League or a £3m bonus for 17th.

A £12m pot would be worth around £650,000 to each player.

The bonus scheme, revealed by the Daily Mail, shows the ambition of Wolves’ Chinese billionaire owners Fosun.

Fosun want Wolves to reach Europe in the next few seasons and have offered a cash reward to help push for qualification this year.

The ambitious Chinese owners bought Wolves in 2016 and set a 10-year plan for catapulting the Wanderers to the elite of European football.

The bonus scheme offered to the players is not uncommon in the Premier League given the income clubs generate from broadcast deals and other avenues like merchandise and ticket sales.

Fosun’s ambitions has also been demonstrated through their spending in the transfer market.

Since taking over two years ago, they have broken Wolves’ transfer record four times by snapping up the likes of Ivan Cavaleiro (£7m), Helder Costa (£13m), Ruben Neves (£15m) and Adama Traore (£18m).